AppYea Inc.

01/23/2025 | Press release | Distributed by Public on 01/23/2025 15:01

Management Change/Compensation (Form 8-K)

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 19, 2025, SleepX Ltd., a company established in the State of Israel ("SleepX") and wholly-owned subsidiary of AppYea, Inc., a Nevada corporation (the "Company") and Mr. Adi Shemer ("AS") agreed to terminate AS' position as Chief Executive Officer of the Company. AS will be available to the Company and SleepX until April 19, 2025 in a non-officer role and will be primarily involved in overseeing the SleepX's operational activities.

Mr. Boris Molchadsky, the Company's Chairman, will assume the position of Chief Executive Officer.